I was very bearish on Housers, both as a platform and as equity investment, but as i had 1000€ in the platform after difficulties putting money there, I have invested in 4 projects and after one year i will try to see what the true return will be, as in my opinion.
One thing i see that is already missing in the system is AutoInvest, because i see that i will get monthly returns so i will have to re-invest it manually.
I believe the lean P2P companies will eat the banks in the near future. I commited 5k investment in equity of Brickowner and now thinking about getting the equity in Housers
In Brickowner i invested as a client and in Housers i have just made a deposit, but didn’t choose any property yet. Even though they have 60 employees their customer support sucks and the company itself is not clear for me. Who are they and what they do? Whom the projects belong to? Who is the lemonway (deposit is made to them)? What is the purpose of 2 subsidiaries which they own at 64% and 70%?
2017 October raising
850k @ 44M
120k @ 2,5M
total raised 117k
Loans issued up to date *M
Lean and transparent company
Few properties for investors
Serving 3 small markets
Finally i decide to skip investing in Housers equity because there are too many unanswered question to which they hide “For confidentality issues” we can not answer you….
March 2016 – Property Partner raised a £15.9m Series B in March 2016. Valuation: £60m pre-money
⎝ Run rate of aprox. 2.4 million pounds monthly at the time of investment
Other relevant data
⎝ Actual run rate of 2.7 million pounds in August 2017
⎝ This is done with a leverage of almost 50% in most of their projects
⎝ Just one country
Time since company being incorporated
⎝ Funded in 28 May 2014 – more time to get to the 2-5 mn. mark
May 2017: Capital Round of €8 million at €59 million pre-money
⎝ Run rate at the time of the round of €3.4 m – €4m
⎝ Just one country
⎝ Funded in 2013 – more than to achieve the 2.5 mn. Mark
The House Crowd
⎝ Actual Run rate of 2.5 million pounds,
o In 20 July 2017 -The House Crowd has raised £15m in the past six months, taking its total fundraising to date to £50m.
⎝ Just one country
⎝ Funded in 29 December 2011 – more than to achieve the 2.5 mn. mark
⎝ Actual run rate of approx. 2.5 million euros
⎝ Presence in 1 country plus 2 additional (starting), 95% of investment comes only from Spain. First of the previous offering properties in 3 countries
⎝ Funded in 2015 (latest player – faster growth)- Less months to get to the €2.5 m. mark
⎝ Country with lower purchasing power (less consumption and investment per habitant)
I have been using both services for more than 6 months. I would say the Revolut was better in the beginning, but then were were two reasons why i switched to N26
I reached the limit in Revolut and lifting 3 times was pain in the ass, and finally i was too bored to do that again.
I need more than 200€ of cash every month.
Which is better?
If I could choose only one, i would choose N26 just because of the withdrawal. In general having both is good option and sometimes convenience especially if that card is dominant card in your country – so you can send money easy for your nanny or split the bills with friends.
Free withdrawal in Spain
Clear winner. Super easy and intuitive.
The could just copy the Revolut here 🙂 especially that the card number could be visible in the app
Bondora. I did not make additional deposits to Bondora, but I have reinvested profit to #strategy3 High Risk loans. 157 loans for 2148€. Average return 78%. My total size of #strategy3 is 3428€ in almost 300 loans. Only 48 of them defaulted bringing 550€ of loss. My strategy works. Isn’t it ? 🙂 (net return on dashboard 10.2%)
Mintos. Less than 1% of bad debt – actually 0,16%. 12.95% return. During this period Mintos added new new loan originators from Bulgaria, Botswana and Czech Republic. I think i will ad 3k: 1k to each new country/originator. *mintos review
Twino. Their system is fucked up. I see 927€ cash idle. Trying to find loans – have one match. Return 11.99%
I have invested in Billion To One a startup that is trying to make prenatal testing easy/cheap and safe. Even though i stopped my first ”fund” of startups, I have chosen to invest in this particular one because i believe and support their mission:
Our mission is to make prenatal diagnostics safe and affordable for all.
If there will be 1% advance in prenatal testing made and i will lose all my investment – I will be happy with the outcome
I will not invest in pre-ico, because it is pure gambling, but i do not say that i will not invest in ico or after ico, when the valuation of company is in range of 10-25M
Very unprofessional video for a company that claims making 2M of profits per year currently. Antanas Guoga TonyG a very charismatic person, public figure and good speaker this time seems like speaking so difficult to understand for the beginners or the pros. And the interviewer from the marketing reading from the A4 pages looks like unprepared school girl.
TenX hit 0.5 billion valuation today. Insane. I already wrote that TenX is overvalued when it had 80M valuation, but current valuation is Insane for the company that does not have a product yet. And why does TenX have 10-15x higher valuation than Mona.co or Tokencard?
Everybody agrees that the crisis or correction will come. I can not disagree with that. My idea is that investing (dollar cost averaging) should be more beneficial (Schwab study) than waiting for the crisis to come. It may come but it may be very short and recover very fast. Technically we are in second longest bull market not affected by recession. But the bear market of 1987 was only 3 months.
1987 August 21 the highest was 335.90
1987 December 4 the lowest was 223.92 (33% fall). From that moment The bull market started again.
1989 July 21 it crossed the 335.90 again
Conclusion: timing market is not a good idea.
Prediction: no one knows if crisis will come this year or in next 10 years. And for the reason that there is hugeanticipation that the crisis is near, for that reason I would bet that it might not come soon. Reason #2 is that people still remember 2008. Reason #3 People have too much cash and moderate debt (look at the insane ICOs)
Last week i have posted all of my defaulted loans on secondary market with a 50% discount. None of them moved out for few days. So i raised the discount to 75% and 78 loans were sold. 85% of them were estonian loans. Only 3 HR Spanish loans.
177 defaulted loans left with total principal of 7404€. My profit in the dashboard is 2845€ with net return 10.55%, by my historical portfolio 8.24% and total portfolio 5.3%.
strategy #3. total default 24 loans. Total purchased 242.